Adam, a wealthy collector, wishes to purchase a rare baseball card from Lizzie. However, he is concerned that she will inflate the price if she knows that Adam is the potential buyer. So Adam asks his friend Brodie to approach Lizzie instead. Brodie is to pose as the buyer in order to make Lizzie think that Brodie is looking to add the card to his own collection. If Brodie than cannot get Adam to honor the resulting sales contract, what is the likely result of a lawsuit by Lizzie

An annuity that goes on indefinitely is called a perpetuity. the payments of a perpetuity constitute a/an series. the equation is: a stock with no maturity is an example of a perpetuity. quantitative problem: you own a security that provides an annual dividend of $170 forever. the security’s annual return is 9%. what is the present value of this security? round your answer to the nearest cent. $

Oakmont company has an opportunity to manufacture and sell a new product for a four-year period. the company’s discount rate is 18%. after careful study, oakmont estimated the following costs and revenues for the new product: cost of equipment needed $ 230,000 working capital needed $ 84,000 overhaul of the equipment in year two $ 9,000 salvage value of the equipment in four years $ 12,000 annual revenues and costs: sales revenues $ 400,000 variable expenses $ 195,000 fixed out-of-pocket operating costs $ 85,000 when the project concludes in four years the working capital will be released for investment elsewhere within the company. click here to view exhibit 12b-1 and exhibit 12b-2, to determine the appropriate discount factor(s) using tables.

How many months does the federal budget usually take to prepare